Seamus Nally

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Seamus Nally is the CEO of TurboTenant and a landlord of several residential properties in upstate New York and Colorado.

With a professional background in Product Management, Seamus is not just a proven builder of great products but also a cultivator of exceptional teams. His leadership with the talented team at TurboTenant has transformed the brand into the leading all-in-one platform that empowers more than 600,000 landlords to seamlessly and confidently self-manage their rental properties.

Leveraging his years of property management experience and extensive startup knowledge, Seamus is a strong leader of the TurboTenant team and an industry trailblazer.

  • Privatizing Fannie & Freddie: Potential Rise in Mortgage Costs
    Seamus suggests that privatizing Fannie Mae and Freddie Mac could increase loan costs. He notes, "Privatization would mean that Fannie and Freddie no longer have the government there to bail them out," leading to higher perceived risks and potentially rising rates.
  • Understanding Real Estate Contracts: Can Sellers Accept Higher Offers?
    Seamus explains, "Once both parties have signed, the sale is pretty much locked in." However, provisions can allow accepting higher offers before escrow closes. A "kick-out clause" lets sellers market properties and accept non-contingent offers. Backup offers are legal if the initial deal falls through. Consulting an attorney ensures compliance with state laws.
  • Mortgage Preapproval: A Key Step for Homebuyers
    Seamus highlights that a mortgage preapproval letter assures sellers of a buyer's financial reliability. He states, "A mortgage preapproval provides proof to the seller that should they choose you, there shouldn’t be any hiccups as far as financing is concerned," ensuring a smoother path to homeownership.
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